RavenCoin Tutorial - What it is and How to Mine It - YouTube

there's low cryptocurrency news and investing crypto slow with more crypto

gains tonight we got a special coin for everyone and if you haven't heard about

it it's kind of a mystery it's cold Raven coin never heard of it

I guess this coin launched in January with a real grassroots campaign no pre

mind no talk of exchanges no talk of price and there's also some news on the

street that it is the overstock.com CEO secret project but what's kind of cool

about Raven coin is the fact that it's not on bit screener or coin market cap

and it's not on any exchanges so this is kind of an interesting coin because this

is your chance to mine a coin that is not for sale it's kind of unknown now

you say that's risky yes but it's also the potential for some really good

profits there's a total underground circuit of people that specifically try

to mind coins that do not have listings on any exchanges on they're just not for

sale now the exciting part about the Raven coin the block reward is 5,000 and

there's a new block every minute so it's pretty pretty pretty big I think there's

about 22,000 miners from what I've heard on this there's been no marketing this

coin really is a mystery but tonight I'm going to show you how easy this is to

get going on a new coin so we're gonna use the GIMP pull and the Raven coin he

uses that this new X 16 R script well CC miner 2 to 4 does not support this but

you can always figure out what people are using by clicking on it

and then you can kind of look at the miners and click on the script so we've

got CC minor 2 to 5 cc minor enemy never heard of that before so I'm actually

gonna go with CC minor 2 to 5 so that's the new release so I'm going to type CC

minor two point two point five okay release and let's see C minor

alright alright so still looking on Google for cc minor two-five go ahead

and follow this because this was just posted and it says github 2 2 to 5 looks

good okay so we're here so let's go ahead and Mark that and okay and let's

go ahead and download this puppy 2 to 5 so we're gonna download it to our

desktop 15 okay looks good and we're gonna create a new folder called CC

minor 2 2 2 5 go ahead and pop that in there it's a 7-zip so we'll extract it

looks good delete that

all right so now I've got CC 1 or 2 2 to 5 now to stay organized I typically put

all my CC minors in a specific location on my drive so let's go to see Program

Files mining CC minor this is the new 2 2 to 5 okay and then of course supernova

3 I'd read me lalala so this is pretty standard now we need a wallet address

don't want to forget about that so let's go ahead and go back to the Raven coin

site and let's see what we got ok download binary release okay so that

is let's go ahead and copy that link I'm trying to keep all these links here so I

can put them for you in the video I'm gonna download the wallets and let's see

here

looking for the primary release Mac Windows right

so Raven QT alright and go ahead and Mark that that's the Raven QT I'm

downloading the full node version of this okay so let's go ahead and download

back to the desktop again now this looks to be just an executable QT so probably

what I'm gonna do is I'll place this in my Program Files folder so I've got the

Raven wallet QT and let's go ahead and place that somewhere where you can be

organized I keep a mining folder so I'm gonna create a new folder called Raven

let's see if I spell that correctly Raven : all right Eitan raven point all

right so now then I create a folder called wallets and I'm gonna paste him

there so I'm pasting the Raven QT here now

what I usually do is I'll just send a shortcut to my desktop to actually

launch that so that it's easy send to desktop alright so now I've got a

shortcut to the Raven wallet Raven coin wallet okay alright I'm gonna

go ahead and put that in my wallets and I am gonna run the wallet see what

happens alright the app roaming data folder

that's usually where coin cuties always install so and if you ever need to get

to the app data folder just go get the windows key type % app data

shoot % AppData % so you're there you can see I got some other wallets in

there so that's the default location which is completely fine by me

and then it starts to load and now it says 9 weeks behind so what happens is

when you download a core wallet you always have to let it sink

so we'll go ahead oh we're gonna allow this through the firewall okay and we

should start syncing up want to look for activity always in the corner of your

wallet and the headers will sync first and then

the blockchain will come in now this coins been around for about a month so

you know it's hopefully should sync up pretty fast but anyways while that's

sinking we're gonna go ahead and go back to our CC 1 or 2 to 5 and so you see

minor 2 to 5 and actually let's go back to the 2 to 5 because I do like to get

the exact oops I do like to put the exact so yeah I like to name it exact

so I'm gonna rename that

- 2 - 5 X 24 - 2 5 I don't like to have dots in my pass or dashes or special

characters so ok now what we need to do is we need to configure the run me dot

bat so this is pretty simple we're gonna use yeah so back to getting back to the

GIMP wallet the pools so basically - Oh stratum tcp

imp port how do you find the port well you look at the alga that you're using

in this case we're doing the x16 our so 36 36 is our port they also give an

optional port just in case and then you got your options and you've got to put

your wallet address in well I already it started kind of a run adopt bat here and

I'll save this as links so I'll have all these links in the description down

below for you guys so desktop so I'm going to close that out and I'm gonna

build my run me dot bat file so CC minor now I typically will use a little trick

I go dot dot well I won't do it this time

cause I don't want to confuse people so CC minor 64 so what this does is this is

the executable part of the file so if we go back we see cc1 or 64 okay and let's

go ahead and get that over there and this over here so - a well let's try

this we don't want try this I want x16 our so

we're going to replace the - a switch with x16 our and

user name is your wallet address - P is blank stats intensity is 25 I'm just

gonna get rid of that this so I've got the coin specified I've got the

intensity specified I need to get my wallet address the port is 36 36 so 36

36 Stratham you know okay everything looks good x16 RCC minor 64 so basically

I need to wait for my Raven wallet to sync so that I can get an address

so that I can start mining these coins so I'm gonna stop the video right here

I'm gonna allow the wallet to sync and then it'll continue okay so I let this

thing run for a while and it just wasn't syncing the key is to look down in the

corner to see if you have active connections see how it says I have six

active connections well it wasn't picking up right away so I had to add

some IP addresses they're called add notes the noser would allow you to

download the blockchain of people running full node wallets so what does

that mean you go to debug and then you click on console and then what you do is

you want to head and highlight this entire line copy and you want to add

these and hit enter let's see how it added it to it so basically you're

adding these nodes to the wallet and then you want to see then if you can get

some connections so sometimes it just won't sync other times it syncs really

fast so if not you have to look up nodes and that's always been inherit with QT

wallets to do that so just give it a little time mine took about a half an

hour to sync so we now have a wallet a couple things to keep in mind

you want to encrypt your wallet with a strong passphrase you know and you want

to make sure you write that down or you'll lose your coins forever so now

I'm gonna click on receive and I'm gonna say slow bot Raven rvn okay then I'm

gonna hit request payment that should generate an address so boom I have an

address so I'm gonna hit copy address alright so now that I have the address I

can go ahead and finish the Remini dot bat file now typically you're gonna edit

this as a text file and then you will save it as a dot bat file so back to our

dot bat file so we had everything in here - you wallet address so I'm going

to paste my wallet address in here no password D DNR whoops that's Denarius

our VN is the Raven point and we're gonna start with I'm gonna actually

change my intensity to Auto which is zero so I'm gonna hit save save as bat

file Romi dot run I'm gonna call this Raven coin and then we're gonna say imp

and then we're gonna say all workers because I'm not gonna specify a device

so and then dot bat it could be whatever you want to call it but ultimately this

is the file that activates the CC miner main file to run so hit save so CC minor

64 x16 our stratum the correct port number 36 36 which let's make sure our

even coin yeah

yeah pull Ravin coin let's try that again

I'll tell you what these sites sometimes driving me bonkers how they don't show

up in Google anyways I've got the IMP address so silly

alright let's go back to you so we should be all set up to start mining I

wanted to verify the x16 are 36 36 and it looks good so I'm gonna go ahead and

hit save now what you need to do is move this into the folder where you saved

your CC miner two to five so let's go back here C Drive my mining folder 2 2 2

5 and I'm gonna paste this continue perfect I'm gonna go ahead and create a

desktop shortcut and let's see what happens and we should be good to run I

don't like the word shortcut my shortcuts so there we go

and if it works properly it should start hashing if not it's gonna flash and dump

3gp is I got three cards x16 are and let's see what we do so for this

demonstration I got to 1080 is and 110 880 and we're gonna see what happens

PTC donation address yeah here there is six three six so it's stalled it's okay

gotta give it a little time GPU intensity set to 20 now the reason why I

use intensity auto a lot of times is I just kind of like to get a baseline if

your intensity is too high it will actually run out of memory because it

tries to address too many cuda threads at one time

so a lot of people don't understand intensity intensity is actually how

often your computer is talking to the pool so if you have a really really fast

computer like an ASIC it doesn't you don't need to talk to it as long because

your solutions to the problems are being presented to your computer are going to

be very fast so and then difficulty is lower that means that your your computer

is going to communicate you know more frequently now the next question is how

can you see what's happening well with him since there is no sign up you

actually just put your wallet address in and you can see the status of what's

going on so you go back to the int pool click on wallet you put your wallet in

hit enter and as you can see I have a spike which means i'm passioned so we're

gonna let this run and we'll see what kind of coins we collect now so cool

things about Raven coin the reward is pretty massive it's 5000

per block and that's every minute I have no idea what the price is gonna be like

I said watch some of the videos there's a meet-up and a couple other things but

overall it's an interesting coin and probably wouldn't hurt to have a couple

thousand in your portfolio so hope you enjoyed this video like subscribe

comment if you have any problems I'll try to answer questions and that is

tonight's video this is crypto slow if you're not talking gains then we're not

talking